2015-1208 A
CITY OF JANESVILLE
RESOLUTION NO. 2015 -1208
A RESOLUTION AUTHORIZING THE TRANSFER OF PREVIOUSLY
BORROWED NOTE ISSUE FUNDS TO THE SKATE PARK FUND.
WHEREAS, the skate park project has been ongoing for many years; and
WHEREAS, the City of Janesville previously borrowed $50,000 in 2011 for the
skate park and is proposing to use $50,000 of insurance monies; and
WHEREAS, the City of Janesville has received a grant in the amount of $5,000;
and
WHEREAS, the Janesville Outdoor Skate Park Committee has been raising
funds to off-set the City's expense for the skate park and has raised $63,000;
and
WHEREAS, said funds are not enough to cover the total project; and
WHEREAS, the total project cost will be $300,000, of which $168,000 has been
designated for the skate park with the remaining $132,000 to be re- designated
from previously borrowed funding; and
WHEREAS, at the March 9 2015 City Council meeting, the Council authorized
the transfer of previously borrowed funding to be used for the skate park project
from other capital accounts in the amount of $77,000; and
WHEREAS, $55,000 in additional funds will need to be transferred from
previously- borrowed funds to complete the project; and
WHEREAS, the $77,000 previously authorized to be transferred and additional
$55,000 authorized will come from previously borrowed funds for bike trail
maintenance in the amount of $60,000, and $72,000 will come from previously
borrowed funds for the Oakhill Cemetery maintenance building; and
WHEREAS, the Common Council finds that it is in the best interest of the City to
authorize the transfer of previously borrowed funding to fund the construction of
the skate park.
NOW, THEREFORE BE IT RESOLVED, by the Common Council of the City of
Janesville that they hereby approve and authorize the City Administration to
expend funds from previously borrowed note issues for the construction of a
skate park.
NOW, THEREFORE BE IT FURTHER RESOLVED, that the City Manager and
his designee(s), on behalf of the City of Janesville, are hereby jointly and
severally further authorized and empowered to negotiate, draft, review, modify,
amend, execute, enter into, file, and /or record additional agreements,
amendments, documents, and letters of understanding concerning this matter;
and is further authorized to take whatever additional other actions that the City
Manager may determine, in his sole discretion from time to time and at any time,
necessary, desirable, and /or beneficial in the public interest to effectuate the
intent of this Resolution.
ADOPTED: May 26, 2015 Motion by: Liebert
Second by: Farrell
APPROVED: Councilmember Aye Nay Pass Absent
Bobzien X
Deupree X
Mark Freitag, City Manage Farrell X
Gruber X
ATT Liebert X
Marklein X
Tidwell X
Da T. Godek, Deputy City Clerk- Treasurer
APPROVED AS TO FORM: /
Wald Klimczyk, City Attorney
Proposed by: Cullen Slapak, Parks Director
Prepared by: Cullen Slapak, Parks Director